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consider an economy that produces only chocolate bars. in year 1, the quantity produced is 2 bars and the price is $5. in year 2, the quantity produced is 4 bars and the price is $8. in year 3, the quantity produced is 6 bars and the price is $10. using year 1 as the base year, compute nominal gdp, real gdp, and the gdp deflator for each year. year nominal gdp real gdp gdp deflator (dollars) (dollars) year 1 year 2 year 3
Sagot :
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